What should I do

Please tell us whether these loans are internet or storefront loans. As per PDL laws in your state, PDL lending is prohibited in our state.

Payday loans are prohibited in N.Y. CLOSE YOUR ACCOUNT and CLICK HERE to find out how to deal with illegal lenders.

They are all internet

Quote:

Where can I find nys pay day loan laws?

Go to the home page of this website and click the payday loan laws link in the task bar on the right.

You have got to close your checking account. The PDL's own it right now and YOU need to get control of it. The only way to do that is to close it!!! Believe me, once you close it and open a new one and you get to see your entire paycheck for the first time...it's very rewarding; it's the first step to getting back on track with your life.

I agree!! We are all here to help you. Close your acct IMMEDIATELY. File a complaint with your state AG or Dept of Finance & see how these illegal companies like that. Internet PDLs are also illegal in my state (KY). Be aware that they will call you & they will try scare tactics to try to get you to pay them. Do NOT fall for any of it - just hang up the phone.

Hello- I sent united cash loans the letter that stated that NY payday loans are illegal in NY, I took out a total of 5 loans totaling $2,000.00 paid all of them off except for the last one which was 500.00 after going through the my statmentt, I had sent this company a total of 5,015 so if these loans are illegal and I am only responsible for the princicpal amount then they would owe me 3,015 and I told them that in my letter, I also sent along a copy of there BBB reports and a copy of all the ACH debits and credits, they sent me the below, can someone please help me, thank you.
[FONT=AvantGarde][/FONT]
This department has received the recent communication regarding the above account. The terms and condition are available from the website from the time of application, and there is a 48-hour window of in which to cancel the agreement and return the funds without incurring any fee.*** You were emailed the approval and confirmation details (which also detailed terms, options for payment and cancellation options) on: 02/22/10**** **These emails contained our email, Customer service phone # and Hours****you could have called or emailed to ask question.

Account Summaries & Links were emailed to you on: 02/24/10-this included the exact date of future debits*** The account summary provided to you also summarizes the terms once more and all the options you have for repayment. If you had wanted to avoid additional fees, you needed to pay in full on your first due date of 03/31/10 this is not an installment loan.**per recorded communication with you, you were wel aware of terms and conditions, before requesting this last loan.


We do wish to assist you:
************Current Balance at this time: $980.00 in Final collections *****************

[COLOR=maroon]As a courtesy[/COLOR][COLOR=maroon], we can offer a onetime settlement offer of: $500.00 ******THIS IS AMOUNT OF DEPOSIT ONLY**WAIVING ALL FEES***(YOU RECEIVED A 500.00 DEPOSIT AND PAID ZERO) [/COLOR]
[COLOR=maroon]Your account has been reduced to the above amount owing until: [/COLOR][COLOR=#3366ff]09/07/2010.**if this is paid by or on 09/07/2010 you will owe no further balance on account. **all currently scheduled debits have been stopped to give you a chance to respond to settlement offer.[/COLOR]


DUE TO YOUR ACCOUNT CLOSURE-The money for the reduced offer may be paid by calling in a debit card to this dept 1-800-394-3757 ** You may purchase a prepaid debit card at many participating retailers such as Wal-Mart, **account settlement will be void after above date
No mailed payments can be made for settlement offers, if you insist on mailing payments, your balance will go back to collections for full amount of $980.00 and collections will continue until acceptable arrangements are made.
Hello- I recently sent united cash loans the template letter that Shazzers was kind enough to provide, I formated the letter to my needs and send along a copy of their BBB report as well as a copy of all ACH debits and credits, I took a total of 5 loans totaling 2000.00 (the last one 500.00) after going through my statements they had taken out a total of $5.015 if these loans are not legal in NY and I was only reponsible for the prinicpal amount then they would owe me 3,015 and I stated this to them, they sent me the below, can someone please help, thank you.



Please call 1-800-394-3757 if any questions, you must confirm this offer by email or phone within 48 hours.

If settlement is not received, account will continue per the contract for the full amount now due of $980.00 IN COLLECTIONS! YOU WILL NOT BE OFFERED THIS KIND OF DISCOUNT AGAIN.


UnitedCashLoans Compliance Department
Fax-1-800-230-9480
[FONT=AvantGarde][EMAIL="compliancedepartment@unitedcashloans.com"]compliancedepartment@unitedcashloans.com[/EMAIL] [/FONT]

Respond and tell them the terms of their settlement are unacceptable because they are 1)illegal, 2) you've already overpaid them by over $3000! and 3) they owe YOU money, not the other way around!

[QUOTE=kimK;742112]Hello- I sent united cash loans the letter that stated that NY payday loans are illegal in NY, I took out a total of 5 loans totaling $2,000.00 paid all of them off except for the last one which was 500.00 after going through the my statmentt, I had sent this company a total of 5,015 so if these loans are illegal and I am only responsible for the princicpal amount then they would owe me 3,015 and I told them that in my letter, I also sent along a copy of there BBB reports and a copy of all the ACH debits and credits, they sent me the below, can someone please help me, thank you.
[FONT=AvantGarde][/FONT]
This department has received the recent communication regarding the above account. The terms and condition are available from the website from the time of application, and there is a 48-hour window of in which to cancel the agreement and return the funds without incurring any fee.*** You were emailed the approval and confirmation details (which also detailed terms, options for payment and cancellation options) on: 02/22/10**** **These emails contained our email, Customer service phone # and Hours****you could have called or emailed to ask question.
Account Summaries & Links were emailed to you on: 02/24/10-this included the exact date of future debits*** The account summary provided to you also summarizes the terms once more and all the options you have for repayment. If you had wanted to avoid additional fees, you needed to pay in full on your first due date of 03/31/10 this is not an installment loan.**per recorded communication with you, you were wel aware of terms and conditions, before requesting this last loan.
We do wish to assist you:
************Current Balance at this time: $980.00 in Final collections *****************
[COLOR=maroon]As a courtesy[/COLOR][COLOR=maroon], we can offer a onetime settlement offer of: $500.00 ******THIS IS AMOUNT OF DEPOSIT ONLY**WAIVING ALL FEES***(YOU RECEIVED A 500.00 DEPOSIT AND PAID ZERO) [/COLOR]
[COLOR=maroon]Your account has been reduced to the above amount owing until: [/COLOR][COLOR=#3366ff]09/07/2010.**if this is paid by or on 09/07/2010 you will owe no further balance on account. **all currently scheduled debits have been stopped to give you a chance to respond to settlement offer.[/COLOR]
DUE TO YOUR ACCOUNT CLOSURE-The money for the reduced offer may be paid by calling in a debit card to this dept 1-800-394-3757 ** You may purchase a prepaid debit card at many participating retailers such as Wal-Mart, **account settlement will be void after above date
No mailed payments can be made for settlement offers, if you insist on mailing payments, your balance will go back to collections for full amount of $980.00 and collections will continue until acceptable arrangements are made.
Hello- I recently sent united cash loans the template letter that Shazzers was kind enough to provide, I formated the letter to my needs and send along a copy of their BBB report as well as a copy of all ACH debits and credits, I took a total of 5 loans totaling 2000.00 (the last one 500.00) after going through my statements they had taken out a total of $5.015 if these loans are not legal in NY and I was only reponsible for the prinicpal amount then they would owe me 3,015 and I stated this to them, they sent me the below, can someone please help, thank you.
Please call 1-800-394-3757 if any questions, you must confirm this offer by email or phone within 48 hours.
If settlement is not received, account will continue per the contract for the full amount now due of $980.00 IN COLLECTIONS! YOU WILL NOT BE OFFERED THIS KIND OF DISCOUNT AGAIN.
UnitedCashLoans Compliance Department
Fax-1-800-230-9480
[FONT=AvantGarde][EMAIL="compliancedepartment@unitedcashloans.com"]compliancedepartment@unitedcashloans.com[/EMAIL] [/FONT][/QUOTE]
I would tell them to shove it where the sun doesn't shine, since pdl's are prohibited in your state you are calling the shots here, not them. Oh and, I would also add that you will see them in court, if they wish. lol

I have already closed my account